2020 was unforgettable, especially for Bitcoin. To help memorialize this year for our readers, we asked our network of contributors to reflect on Bitcoin’s price action, technological development, community growth and more in 2020, and to reflect on what all of this might mean for 2021. These writers responded with a collection of thoughtful and thought-provoking articles. Click here[1] to read all of the stories from our End Of Year 2020 Series.
2020 AD. An off-the-charts year in every meaning of that phrase. An annus horribilis. And yet, the synthetic price of Bitcoin has reached all-time highs, well beyond what any normie would have predicted five years ago, and people of the class reflexively hostile to Bitcoin in its early days are now buying hundreds of millions of fiat dollars’ worth of Bitcoin, eschewing altcoins and anointing themselves as the next wave of breathless clumsy gurus. This change in sentiment was very predictable, and is an essential part of “The Transformation” from the fiat economy to the Bitcoin economy.
President Donald John Trump mentioned Bitcoin in a tweet. The greatest fraudster in Bitcoin was finally and irrefutably exposed as a liar and fraud. The EU decided that it needs its own altcoin, demonstrating that it knows absolutely nothing about Bitcoin (or economics), why it was created and that it can do nothing about it. Mnuchin unilaterally declared that the Constitution is now “out of service” as he laid down a diktat that U.S. persons are forbidden from doing multiplication.
PayPal decided to expose synthetic bitcoin to its 350,000,000 users, and my own startup Azteco exposed actual bitcoin to 760,000,000 users, processing over $1,000,000 in just under three months of full launch. A new strain of the flu, first detected in 2019 in the
